Proposed fuel rationing and subsidies are likely to exacerbate inflationary and macroeconomic pressures in the country, including Price Differential Claims (PDC), which are feared to hit Rs100 billion in just three weeks. This assessment comes against the backdrop of the government considering a plan to introduce fuel rationing and subsidies by allocating quotas to low-income […]
Pakistan’s delegation, led by Minister of State for Finance and Railways Bilal Azhar Kayani, participated in multilateral discussions and reform sessions at the 14th Ministerial Conference (MC14) of the World Trade Organisation (WTO) in Yaounde, Cameroon. According to a statement issued on Saturday, Kayani presented Pakistan’s position during WTO reform breakout sessions covering foundational issues, […]
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced that the Port Qasim Authority (PQA) is boosting transshipment operations through the Qasim International Container Terminal (QICT) as it has successfully handled 3,485 20-foot equivalent units (TEUs) across two vessels. Details shared by the minister on Saturday revealed that container vessel Northern Guard, which […]
As echoes of the US-Israel-Iran conflict ripple across global trade routes, a familiar dilemma is confronting policymakers in Islamabad, which is how to seize a rare export opportunity without letting it burn a hole in the pocket of the ordinary Pakistani consumer. The federal government has recently green-lit exports of 40 food items to Gulf […]
Pakistan’s stock market remained under pressure during the outgoing week, with the benchmark KSE-100 index closing at 151,708 points, down around 0.7% week-on-week, as persistent geopolitical tensions and volatile global oil prices dampened investor sentiment. The cautious mood prevailed despite supportive developments on the economic front, including progress in talks with the International Monetary Fund […]